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Fly News Breaks for November 15, 2016
CAKE
Nov 15, 2016 | 08:37 EDT
Maxim analyst Stephen Anderson downgraded Cheesecake Factory to Hold from Buy as he sees the company's above-peer comps, market share gains, and solid new unit development prospects as being priced in after the 22% jump in the stock from its late October low. Anderson keeps his $59 price target on Cheesecake Factory shares.
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